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Product vs Price - What's the difference?

product | price |

As a noun product

is a commodity offered for sale.

As a phrase price is

(label) protect, rest, ice, compression, and elevation a common treatment method for sprained joints.

product

English

Noun

  • A commodity offered for sale.
  • Any preparation to be applied to the hair, skin, nails, etc.
  • Anything that is produced; a result.
  • * (John Milton) (1608-1674)
  • the product of those ill-mated marriages.
  • * (Edmund Burke) (1729-1797)
  • These institutions are the products of enthusiasm.
  • *{{quote-magazine, date=2014-06-21, volume=411, issue=8892, magazine=(The Economist)
  • , title=[http://www.economist.com/news/books-and-arts/21604535-real-sir-isaac-newton-was-not-first-king-reason-last Magician’s brain] , passage=The truth is that [Isaac] Newton was very much a product of his time. The colossus of science was not the first king of reason, Keynes wrote after reading Newton’s unpublished manuscripts. Instead “he was the last of the magicians”.}}
  • # The amount of an artifact that has been created by someone or some process.
  • # A consequence of someone's efforts or of a particular set of circumstances.
  • # (label) A chemical substance formed as a result of a chemical reaction.
  • # (arithmetic) A quantity obtained by multiplication of two or more numbers.
  • # (label) Any operation or a result thereof which generalises multiplication of numbers, like the multiplicative operation in a ring, product of types or a categorical product.
  • # Any tangible or intangible good or service that is a result of a process and that is intended for delivery to a customer or end user.
  • #*
  • #*
  • #*
  • Illegal drugs, especially cocaine, when viewed as a commodity.
  • Usage notes

    * Adjectives often applied to "product": excellent, good, great, inferior, crappy, broken, defective, cheap, expensive, reliable, safe, dangerous, useful, valuable, useless, domestic, national, agricultural, industrial, financial.

    Synonyms

    * (items for sale) merchandise, wares, goods * (amount created by a process) production, output, creation

    Derived terms

    * by-product * categorical product * end product * finished product * gross domestic product, gross national product * product placement * product recall

    See also

    * addition, summation: (augend) + (addend) = (summand) × (summand) = (sum, total) * subtraction: (minuend) ? (subtrahend) = (difference) * multiplication: (multiplier) × (multiplicand) = (factor) × (factor) = (product) * division: (dividend) ÷ (divisor) = (quotient), remainder left over if divisor does not divide dividend ----

    price

    English

    Noun

    (en noun)
  • The cost required to gain possession of something.
  • * Shakespeare
  • We can afford no more at such a price .
  • * , chapter=3
  • , title= Mr. Pratt's Patients , passage=My hopes wa'n't disappointed. I never saw clams thicker than they was along them inshore flats. I filled my dreener in no time, and then it come to me that 'twouldn't be a bad idee to get a lot more, take 'em with me to Wellmouth, and peddle 'em out. Clams was fairly scarce over that side of the bay and ought to fetch a fair price .}}
  • The cost of an action or deed.
  • Value; estimation; excellence; worth.
  • * Bible, Proverbs xxxi. 10
  • Her price is far above rubies.
  • * Keble
  • new treasures still, of countless price

    Derived terms

    * list price * pool price * price-conscious * price stability * purchase price * reserve price * selling price * shadow price * spot price * starting price * strike price * upset price

    Verb

    (pric)
  • To determine the monetary value of (an item), to put a price on.
  • (obsolete) To pay the price of, to make reparation for.
  • * 1590 , Edmund Spenser, The Faerie Queene , I.ix:
  • Thou damned wight, / The author of this fact, we here behold, / What iustice can but iudge against thee right, / With thine owne bloud to price his bloud, here shed in sight.
  • (obsolete) To set a price on; to value; to prize.
  • (colloquial, dated) To ask the price of.
  • to price eggs